MOSCOW (MRC) -- Saudi refiner SASREF, owned by state oil giant Saudi Aramco, said two contractors had died and two more were injured in “an incident” during maintenance work on Sunday, reported Reuters with reference to the company's statement on Tuesday.
It said maintenance work will continue as planned. The 305,000 barrel per day SASREF refinery, located in Jubail on Saudi’s east coast, had until September been a joint venture between Aramco and Royal Dutch Shell.
Aramco bought it as part of a strategy to expand its downstream operations.
As MRC informed before, in June 2019, Sahara International Petrochemical Co (Sipchem) signed a hydrogen supply agreement with SASREF. The agreement is to supply SASREF with the hydrogen gas that is required in SASREF’s future production operations starting in 2020 for an initial term of twenty years.
Besides, we remind that Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex. The cracker is expected to have a capacity of 1.5 MMtpy, said a source familiar with the plans, who described them as at an initial stage.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,436,390 tonnes in the first eight months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the PP consumption in the Russian market was 909,260 tonnes in January-August 2019, up by 10% year on year. Shipments of PP block copolymer and homopolymer PP increased.
Saudi Aramco is an integrated oil and chemicals company, a global leader in hydrocarbon production, refining processes and distribution, as well as one of the largest global oil exporters. It manages proven reserves of crude oil and condensate estimated at 261.1bn barrels, and produces 9.54 million bbl daily. Headquartered in Dhahran, Saudi Arabia, the company employs over 61,000 staff in 77 countries.
MRC